Companhia Paranaense de Energia - COPEL (NYSE:ELP - Get Free Report)'s share price gapped up before the market opened on Tuesday . The stock had previously closed at $6.78, but opened at $7.03. Companhia Paranaense de Energia - COPEL shares last traded at $6.97, with a volume of 38,027 shares changing hands.
Companhia Paranaense de Energia - COPEL Stock Up 3.3 %
The firm's 50-day simple moving average is $6.21 and its 200 day simple moving average is $6.83. The company has a quick ratio of 1.43, a current ratio of 1.45 and a debt-to-equity ratio of 0.51.
Companhia Paranaense de Energia - COPEL Cuts Dividend
The firm also recently announced a dividend, which was paid on Thursday, January 2nd. Investors of record on Friday, December 13th were given a $0.1441 dividend. The ex-dividend date of this dividend was Friday, December 13th.
Institutional Investors Weigh In On Companhia Paranaense de Energia - COPEL
Institutional investors have recently bought and sold shares of the stock. Jane Street Group LLC boosted its stake in Companhia Paranaense de Energia - COPEL by 456.9% during the 3rd quarter. Jane Street Group LLC now owns 209,228 shares of the utilities provider's stock valued at $1,557,000 after purchasing an additional 171,658 shares in the last quarter. Creative Planning boosted its stake in Companhia Paranaense de Energia - COPEL by 13.3% during the third quarter. Creative Planning now owns 65,614 shares of the utilities provider's stock valued at $488,000 after buying an additional 7,690 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its stake in Companhia Paranaense de Energia - COPEL by 20.0% during the third quarter. Robeco Institutional Asset Management B.V. now owns 1,550,046 shares of the utilities provider's stock valued at $11,532,000 after buying an additional 258,198 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. bought a new stake in Companhia Paranaense de Energia - COPEL in the third quarter worth about $514,000. Finally, GAMMA Investing LLC raised its position in Companhia Paranaense de Energia - COPEL by 61.2% in the third quarter. GAMMA Investing LLC now owns 5,380 shares of the utilities provider's stock worth $40,000 after acquiring an additional 2,043 shares in the last quarter. Institutional investors and hedge funds own 3.80% of the company's stock.
Companhia Paranaense de Energia - COPEL Company Profile
(
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Companhia Paranaense de Energia - COPEL engages in the generation, transformation, distribution, and sale of electricity to industrial, residential, commercial, rural, and other customers in Brazil. The company operates through Power Generation and Transmission, Power Distribution, Power Sale, and Gas segments.
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